RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

American International Group

A collection of news and information related to American International Group published by this site and its partners.

Top American International Group Articles

Displaying items 23-33
  • Business travelers are spending big again

    Business travelers are spending big again
    The AIG effect may be dead. During the nation’s financial collapse, insurance giant AIG held a weeklong retreat at a swanky Dana Point resort, less than a week after getting an $85-billion federal bailout. The scandal sparked such outrage that...
  • MetLife designated too big to fail

    MetLife designated too big to fail
    Federal regulators Friday designated MetLife Inc. for special oversight, saying the insurer is so big that its failure or other major problems would pose a threat to the U.S. financial system. In a 9-1 vote, the Financial Stability Oversight Council --...
  • The Hartford's CEO Elected As Board Chair

    Christopher J. Swift, CEO of the Hartford Financial Services Group, has been elected chairman of the board of directors, the company announced Monday. Swift became CEO in July 2014, taking over from the property-casualty insurer's former CEO, Liam E....
  • Investing: Top picks from a top value investor

    Veteran fund manager Bill Nygren co-manages three Oakmark funds: Oakmark Fund, Oakmark Select and Oakmark Global Select. He looks for growing businesses whose stocks trade for less than he thinks a company is worth and that are run by executives who put...
  • State Insurance Chief To Leave Dec. 11

    State Insurance Chief To Leave Dec. 11
    State Insurance Commissioner Thomas B. Leonardi, who led the department for nearly four years and traveled widely as an industry expert, is resigning to take a job with a New York investment firm. Leonardi, 60, is taking a job at Evercore Partners Inc.,...
  • GPD sergeant to get $10K per month on paid leave

    A Glendale Police sergeant arrested last month for allegedly soliciting a prostitute in Nevada is on paid leave of more than $10,000 a month until he reaches retirement, part of a settlement reached with the city in May regarding his discrimination...
  • Cop arrested in prostitution sting is set to get $10,579 a month in paid leave

    Cop arrested in prostitution sting is set to get $10,579 a month in paid leave
    A Glendale police sergeantĀ arrested last month for allegedly soliciting a prostitute will makeĀ more than $10,000 a month on paid leave until he retires at the end of 2015, records show. The arrangement was reached months before Sgt. Vahak Mardikian&...
  • Los Angeles' Oaktree names former AIG executive as first CEO

    Los Angeles-based distressed-debt manager Oaktree Capital Group on Monday named its first CEO: former AIG executive Jay Wintrob. Wintrob, who left AIG last month, will become chief executive Nov. 1, the company said in a statement. Wintrob has served on...
  • AIG bailout was designed to punish insurance giant, Paulson testifies

    AIG bailout was designed to punish insurance giant, Paulson testifies
    The 2008 government bailout of American International Group Inc. was specifically designed to punish the insurance giant, former Treasury Secretary Henry M. Paulson said in U.S. court Monday. The $85-billion loan package extended to AIG — then...
  • Suit asks why U.S. bailout of AIG wasn't more generous

    The trial pitting a fallen financial titan against an array of former high government luminaries provides a through-the-looking-glass view of the financial credit crisis of 2008 — a view that only makes sense on Wall Street. In the U.S. Court of...
  • AIG shareholders' lawsuit: A strong aroma of hubris

    AIG shareholders' lawsuit: A strong aroma of hubris
    Imagine you were a swimmer who'd recklessly gotten caught in a riptide, only to be saved by a boater who was busily helping other struggling swimmers to shore. Would you complain if the boater charged you a big fee? Maybe. But you almost certainly wouldn'...